RenQuip Ltd won the Start-up Business of the Year Award - sponsored by Business Gateway - at the 2025 Northern Star Business Awards.
RenQuip, founded in 2022, is an innovative Original Equipment Manufacturer (OEM) based in Aberdeen, specialising in hydraulic and mechanical equipment. The company was born from the shared vision of co-founders Marc Gerrard and John Morgan, who recognised significant gaps in the market for high-quality, technically supported equipment.
Start up Business of the Year NSBA2025: Renquip and sponsor Business Gateway
RenQuip offers a wide range of products and services, including controlled bolting, in-situ machining, and specialist rental solutions. As the UK distributor for global brands such as Norbar, Atlas Copco, and Climax H&S Tools, RenQuip provides tailored, high-quality solutions to sectors including energy, construction, and heavy engineering.
In just two years, RenQuip has achieved rapid growth, surpassing revenue forecasts and tripling its income by the second year. The company has secured exclusive distributorships and invested over £1million in stock and equipment. RenQuip’s technical expertise and in-house engineering capabilities allow it to deliver exceptional customer service and quickly solve complex problems. In 2024, RenQuip launched the Viper-28, the world’s most powerful flange spreading wedge, solidifying its position as an industry leader.
Despite initial challenges such as managing cash flow and scaling production, RenQuip has successfully expanded its team and customer base. The company’s combination of fast lead times, technical support, and high-quality products set it apart from competitors. With pioneering solutions and groundbreaking technology, RenQuip is forecasting £6million in revenue over the next three years.
RenQuip’s unwavering commitment to continuous improvement, innovation, and customer satisfaction position it as a leading force in the hydraulic and mechanical equipment industry, with a clear path for future growth and success.